What type of collateral must be perfected through possession?

A) Certificates of deposit
B) Stocks
C) Bonds
D) Certificates of deposit,stocks,and bonds
E) No types of collateral must be perfected through possession

Judy has realized that she does not like working for others.She wants to open a business in which she will have maximum control and the least interference from government regulations.Which of the following forms of business is best suited for Judy's needs?

A) A joint venture
B) An S corporation
C) A sole proprietorship
D) A partnership
E) A C corporation

The effective interest amortization method:

A) Allocates bond interest expense over the bond's life using a changing interest rate.
B) Allocates bond interest expense over the bond's life using a constant interest rate.
C) Allocates a decreasing amount of interest over the life of a discounted bond.
D) Allocates bond interest expense using the current market rate for each interest period.
E) Is not allowed by the IASB.

Economic communities,which are also known as ________,have developed as a result of political changes in the last half-century.

A) free trade zones
B) open market channels
C) international entities
D) productivity communities

Schlarbaum Corporation's management keeps track of the time it takes to process orders.During the most recent month, the following average times were recorded per order: Required:
a.Compute the throughput time.
b.Compute the manufacturing cycle efficiency (MCE).
c.What percentage of the production time is spent in non-value-added activities?
d.Compute the delivery cycle time.

Perceived inequity can be experienced by employees who are either underpaid or overpaid.

When diamonds are mined in conflict or war-torn areas, there is

A) more loss from auctioning off the resource.
B) minimal waste of this resource.
C) strong incentive for conservation.
D) strong incentive for overmining.

What should be accomplished in the opening of a request for a recommendation?

A) The deadline for sending the letter should be mentioned.
B) The reader's memory of the relationship he/she had with the person referred should be triggered.
C) The full name and address of the person to whom the letter should be sent should be obvious.
D) An offer to pay for the service rendered should be included.
E) A neutral buffer statement or statements should be included.